Pay vs Performance Disclosure | 12 Months Ended |
Feb. 03, 2023 USD ($) | Jan. 28, 2022 USD ($) | Jan. 29, 2021 USD ($) |
Pay vs Performance Disclosure [Table] | | | |
Pay vs Performance [Table Text Block] | Pay Versus Performance As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain of our financial performance. For further information concerning our variable pay-for-performance philosophy and how we align executive compensation with our performance, refer to “Compensation Discussion and Analysis.” Value of Initial Fixed $100 Year Summary Summary Compensation (1) ($) Compensation (1) ($) Average (2) ($) Average (1)(2) ($) Total (3) ($) Peer Group (4) ($) Net (5) ($) Adjusted (6) ($) 2022 12,032,684 15,621,406 15,272,360 34,630,029 3,512,266 6,376,349 152.34 125.62 2,415,989,000 3,904,995,000 2021 — 16,618,873 — 30,774,890 3,891,597 6,426,452 135.23 153.61 2,399,232,000 3,467,561,000 2020 — 16,452,823 — 51,714,395 3,991,825 8,861,693 127.80 141.39 2,655,050,000 3,630,107,000 (1) Compensation Actually Paid includes amounts represented by the aggregate fair value of each equity award, computed in accordance with FASB ASC Topic 718. The equity award valuations used in these calculations are consistent with, and do not materially differ from, the Company’s practice of equity award valuation at grant date. The dollar amounts do not reflect the actual amounts of compensation earned by or paid to Messrs. Owen or Vasos or the actual average amount of compensation earned by or paid to our other named executive officers as a group during the applicable year. To calculate Compensation Actually Paid, the following amounts were deducted from and added to Summary Compensation Table total compensation: CEO (Owen) Summary Compensation Table Total to Compensation Actually Paid: Year Salary Stock and Non-Equity Other (i) ($) Summary Deductions (ii) ($) Additions to (iii) ($) Compensation 2022 962,310 9,629,223 1,344,299 96,852 12,032,684 9,629,223 12,868,899 15,272,360 Former CEO (Vasos) Summary Compensation Table Total to Compensation Actually Paid: Year Salary Stock and Non-Equity Other (i) ($) Summary Deductions (ii) ($) Additions to (iii) ($) Compensation 2022 1,391,720 11,517,337 2,520,000 192,349 15,621,406 11,517,337 30,525,960 34,630,029 2021 1,350,052 10,418,597 4,544,529 305,695 16,618,873 10,418,597 24,574,614 30,774,890 2020 1,341,718 8,948,115 6,075,000 87,990 16,452,823 8,948,115 44,209,687 51,714,395 Average Non-CEO Named Executive Officers’ Summary Compensation Table Total to Compensation Actually Paid (iv) : Year Salary Stock and Non-Equity Other (i) ($) Summary Deductions (ii) ($) Additions to (iii) ($) Compensation 2022 711,643 2,004,911 675,264 120,448 3,512,266 2,004,911 4,868,994 6,376,349 2021 718,426 1,740,541 1,340,080 92,551 3,891,597 1,740,541 4,275,396 6,426,452 2020 634,595 1,620,602 1,353,871 382,757 3,991,825 1,620,602 6,490,470 8,861,693 (i) Reflects “All Other Compensation” reported in the Summary Compensation Table for each year shown. (ii) Represents the grant date fair value of equity-based awards granted each year. We did not report a change in pension value for any of the years reflected in this table, therefore a deduction from the Summary Compensation Table total related to pension value was not required. (iii) Reflects the value of equity calculated in accordance with the SEC’s methodology for determining Compensation Actually Paid for each year shown. The following table includes supplemental data for the calculation resulting in the equity component of Mr. Owen’s Compensation Actually Paid for the period indicated: Year Addition of Fair Addition of Change Addition of Change Equity Value 2022 10,142,910 1,682,984 1,043,005 12,868,899 The following table includes supplemental data for the calculation resulting in the equity component of Mr. Vasos’s Compensation Actually Paid Year Addition of Fair Addition of Change Addition of Change Equity Value 2022 18,548,895 7,315,148 4,661,916 30,525,960 2021 20,063,063 2,900,588 1,610,963 24,574,614 2020 24,865,308 16,856,565 2,487,814 44,209,687 The following table includes supplemental data for the calculation resulting in the equity component of the non-CEO named executive officers’ Year Additions of Average Additions for Average Additions for Average Equity 2022 3,168,564 1,048,097 652,334 4,868,994 2021 3,351,740 535,079 388,578 4,275,396 2020 4,004,324 2,332,449 153,697 6,490,470 (iv) All amounts are averaged for each component for each relative year. (2) Named executive officers (other than the CEO) for each fiscal year are: 2022 Other 2021 Other 2020 Other John W. Garratt, President & Chief Financial Officer John W. Garratt, Executive Vice President & Chief Financial Officer John W. Garratt, Executive Vice President & Chief Financial Officer Emily C. Taylor, Executive Vice President & Chief Merchandising Officer Jeffery C. Owen, Chief Operating Officer Jeffery C. Owen, Chief Operating Officer Rhonda M. Taylor, Executive Vice President & General Counsel Rhonda M. Taylor, Executive Vice President & General Counsel Jason S. Reiser, former Executive Vice President & Chief Merchandising Officer Carman R. Wenkoff, Executive Vice President & Chief Information Officer Carman R. Wenkoff, Executive Vice President & Chief Information Officer Rhonda M. Taylor, Executive Vice President & General Counsel Carman R. Wenkoff, Executive Vice President & Chief Information Officer (3) Cumulative total shareholder return (“TSR”) is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between our share price at the end and the beginning of the measurement period by our share price at the beginning of the measurement period. (4) Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the following published industry index: S&P 500 Retailing Index. (5) The dollar amounts reported represent the amount of net income reflected in our audited financial statements for the applicable year. (6) Adjusted EBIT is defined in “Compensation Discussion and Analysis—Short-Term Cash Incentive Plan—2022 Teamshare Structure.” While we use several financial performance measures for the purpose of evaluating performance for our compensation programs, we have determined that adjusted EBIT is the financial performance measure that, in our assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used to link compensation actually paid to our named executive officers, for the most recently completed fiscal year, to Company performance. | | |
Company Selected Measure Name | Adjusted EBIT | | |
Named Executive Officers, Footnote [Text Block] | (2) Named executive officers (other than the CEO) for each fiscal year are: 2022 Other 2021 Other 2020 Other John W. Garratt, President & Chief Financial Officer John W. Garratt, Executive Vice President & Chief Financial Officer John W. Garratt, Executive Vice President & Chief Financial Officer Emily C. Taylor, Executive Vice President & Chief Merchandising Officer Jeffery C. Owen, Chief Operating Officer Jeffery C. Owen, Chief Operating Officer Rhonda M. Taylor, Executive Vice President & General Counsel Rhonda M. Taylor, Executive Vice President & General Counsel Jason S. Reiser, former Executive Vice President & Chief Merchandising Officer Carman R. Wenkoff, Executive Vice President & Chief Information Officer Carman R. Wenkoff, Executive Vice President & Chief Information Officer Rhonda M. Taylor, Executive Vice President & General Counsel Carman R. Wenkoff, Executive Vice President & Chief Information Officer | | |
Peer Group Issuers, Footnote [Text Block] | (4) Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the following published industry index: S&P 500 Retailing Index. | | |
Adjustment To PEO Compensation, Footnote [Text Block] | (1) Compensation Actually Paid includes amounts represented by the aggregate fair value of each equity award, computed in accordance with FASB ASC Topic 718. The equity award valuations used in these calculations are consistent with, and do not materially differ from, the Company’s practice of equity award valuation at grant date. The dollar amounts do not reflect the actual amounts of compensation earned by or paid to Messrs. Owen or Vasos or the actual average amount of compensation earned by or paid to our other named executive officers as a group during the applicable year. To calculate Compensation Actually Paid, the following amounts were deducted from and added to Summary Compensation Table total compensation: CEO (Owen) Summary Compensation Table Total to Compensation Actually Paid: Year Salary Stock and Non-Equity Other (i) ($) Summary Deductions (ii) ($) Additions to (iii) ($) Compensation 2022 962,310 9,629,223 1,344,299 96,852 12,032,684 9,629,223 12,868,899 15,272,360 Former CEO (Vasos) Summary Compensation Table Total to Compensation Actually Paid: Year Salary Stock and Non-Equity Other (i) ($) Summary Deductions (ii) ($) Additions to (iii) ($) Compensation 2022 1,391,720 11,517,337 2,520,000 192,349 15,621,406 11,517,337 30,525,960 34,630,029 2021 1,350,052 10,418,597 4,544,529 305,695 16,618,873 10,418,597 24,574,614 30,774,890 2020 1,341,718 8,948,115 6,075,000 87,990 16,452,823 8,948,115 44,209,687 51,714,395 Average Non-CEO Named Executive Officers’ Summary Compensation Table Total to Compensation Actually Paid (iv) : Year Salary Stock and Non-Equity Other (i) ($) Summary Deductions (ii) ($) Additions to (iii) ($) Compensation 2022 711,643 2,004,911 675,264 120,448 3,512,266 2,004,911 4,868,994 6,376,349 2021 718,426 1,740,541 1,340,080 92,551 3,891,597 1,740,541 4,275,396 6,426,452 2020 634,595 1,620,602 1,353,871 382,757 3,991,825 1,620,602 6,490,470 8,861,693 (i) Reflects “All Other Compensation” reported in the Summary Compensation Table for each year shown. (ii) Represents the grant date fair value of equity-based awards granted each year. We did not report a change in pension value for any of the years reflected in this table, therefore a deduction from the Summary Compensation Table total related to pension value was not required. (iii) Reflects the value of equity calculated in accordance with the SEC’s methodology for determining Compensation Actually Paid for each year shown. The following table includes supplemental data for the calculation resulting in the equity component of Mr. Owen’s Compensation Actually Paid for the period indicated: Year Addition of Fair Addition of Change Addition of Change Equity Value 2022 10,142,910 1,682,984 1,043,005 12,868,899 The following table includes supplemental data for the calculation resulting in the equity component of Mr. Vasos’s Compensation Actually Paid Year Addition of Fair Addition of Change Addition of Change Equity Value 2022 18,548,895 7,315,148 4,661,916 30,525,960 2021 20,063,063 2,900,588 1,610,963 24,574,614 2020 24,865,308 16,856,565 2,487,814 44,209,687 The following table includes supplemental data for the calculation resulting in the equity component of the non-CEO named executive officers’ Year Additions of Average Additions for Average Additions for Average Equity 2022 3,168,564 1,048,097 652,334 4,868,994 2021 3,351,740 535,079 388,578 4,275,396 2020 4,004,324 2,332,449 153,697 6,490,470 (iv) All amounts are averaged for each component for each relative year. | | |
Non-PEO NEO Average Total Compensation Amount | $ 3,512,266 | $ 3,891,597 | $ 3,991,825 |
Non-PEO NEO Average Compensation Actually Paid Amount | $ 6,376,349 | 6,426,452 | 8,861,693 |
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] | (1) Compensation Actually Paid includes amounts represented by the aggregate fair value of each equity award, computed in accordance with FASB ASC Topic 718. The equity award valuations used in these calculations are consistent with, and do not materially differ from, the Company’s practice of equity award valuation at grant date. The dollar amounts do not reflect the actual amounts of compensation earned by or paid to Messrs. Owen or Vasos or the actual average amount of compensation earned by or paid to our other named executive officers as a group during the applicable year. To calculate Compensation Actually Paid, the following amounts were deducted from and added to Summary Compensation Table total compensation: CEO (Owen) Summary Compensation Table Total to Compensation Actually Paid: Year Salary Stock and Non-Equity Other (i) ($) Summary Deductions (ii) ($) Additions to (iii) ($) Compensation 2022 962,310 9,629,223 1,344,299 96,852 12,032,684 9,629,223 12,868,899 15,272,360 Former CEO (Vasos) Summary Compensation Table Total to Compensation Actually Paid: Year Salary Stock and Non-Equity Other (i) ($) Summary Deductions (ii) ($) Additions to (iii) ($) Compensation 2022 1,391,720 11,517,337 2,520,000 192,349 15,621,406 11,517,337 30,525,960 34,630,029 2021 1,350,052 10,418,597 4,544,529 305,695 16,618,873 10,418,597 24,574,614 30,774,890 2020 1,341,718 8,948,115 6,075,000 87,990 16,452,823 8,948,115 44,209,687 51,714,395 Average Non-CEO Named Executive Officers’ Summary Compensation Table Total to Compensation Actually Paid (iv) : Year Salary Stock and Non-Equity Other (i) ($) Summary Deductions (ii) ($) Additions to (iii) ($) Compensation 2022 711,643 2,004,911 675,264 120,448 3,512,266 2,004,911 4,868,994 6,376,349 2021 718,426 1,740,541 1,340,080 92,551 3,891,597 1,740,541 4,275,396 6,426,452 2020 634,595 1,620,602 1,353,871 382,757 3,991,825 1,620,602 6,490,470 8,861,693 (i) Reflects “All Other Compensation” reported in the Summary Compensation Table for each year shown. (ii) Represents the grant date fair value of equity-based awards granted each year. We did not report a change in pension value for any of the years reflected in this table, therefore a deduction from the Summary Compensation Table total related to pension value was not required. (iii) Reflects the value of equity calculated in accordance with the SEC’s methodology for determining Compensation Actually Paid for each year shown. The following table includes supplemental data for the calculation resulting in the equity component of Mr. Owen’s Compensation Actually Paid for the period indicated: Year Addition of Fair Addition of Change Addition of Change Equity Value 2022 10,142,910 1,682,984 1,043,005 12,868,899 The following table includes supplemental data for the calculation resulting in the equity component of Mr. Vasos’s Compensation Actually Paid Year Addition of Fair Addition of Change Addition of Change Equity Value 2022 18,548,895 7,315,148 4,661,916 30,525,960 2021 20,063,063 2,900,588 1,610,963 24,574,614 2020 24,865,308 16,856,565 2,487,814 44,209,687 The following table includes supplemental data for the calculation resulting in the equity component of the non-CEO named executive officers’ Year Additions of Average Additions for Average Additions for Average Equity 2022 3,168,564 1,048,097 652,334 4,868,994 2021 3,351,740 535,079 388,578 4,275,396 2020 4,004,324 2,332,449 153,697 6,490,470 (iv) All amounts are averaged for each component for each relative year. | | |
Compensation Actually Paid vs. Total Shareholder Return [Text Block] | | | |
Compensation Actually Paid vs. Net Income [Text Block] | | | |
Total Shareholder Return Vs Peer Group [Text Block] | | | |
Tabular List [Table Text Block] | Financial Performance Measures As described in greater detail in “Compensation Discussion and Analysis,” our executive compensation program reflects a variable pay for performance philosophy. The financial metrics that the Compensation Committee selects for both our short-term cash incentive plan and our long-term equity incentive program are selected in order to fulfill our pay for performance philosophy and to align the interests of our named executive officers and our shareholders. Our most important financial performance measures for linking executive compensation actually paid to our named executive officers, for the most recently completed fiscal year, to our performance are as follows: • Adjusted EBIT • Adjusted EBITDA • Adjusted ROIC Adjusted EBIT, adjusted EBITDA and adjusted ROIC are defined in “Compensation Discussion and Analysis—Short-Term Cash Incentive Plan—2022 Teamshare Structure,” “Compensation Discussion and Analysis—Long-Term Equity Incentive Program—2022 Annual Equity Award Structure,” and “Compensation Discussion and Analysis—Long-Term Equity Incentive Program—2020 PSU Awards—Completed 2020-2022 Performance Period,” respectively. | | |
Total Shareholder Return Amount | $ 152.34 | 135.23 | 127.8 |
Peer Group Total Shareholder Return Amount | 125.62 | 153.61 | 141.39 |
Net Income (Loss) | $ 2,415,989,000 | $ 2,399,232,000 | $ 2,655,050,000 |
Company Selected Measure Amount | 3,904,995,000 | 3,467,561,000 | 3,630,107,000 |
Measure [Axis]: 1 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Adjusted EBIT | | |
Non-GAAP Measure Description [Text Block] | (6) Adjusted EBIT is defined in “Compensation Discussion and Analysis—Short-Term Cash Incentive Plan—2022 Teamshare Structure.” While we use several financial performance measures for the purpose of evaluating performance for our compensation programs, we have determined that adjusted EBIT is the financial performance measure that, in our assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used to link compensation actually paid to our named executive officers, for the most recently completed fiscal year, to Company performance. | | |
Measure [Axis]: 2 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Adjusted EBITDA | | |
Measure [Axis]: 3 | | | |
Pay vs Performance Disclosure [Table] | | | |
Measure Name | Adjusted ROIC | | |
Jeffery C. Owen [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
PEO Total Compensation Amount | $ 12,032,684 | | |
PEO Actually Paid Compensation Amount | $ 15,272,360 | | |
PEO Name | Jeffery C. Owen | | |
Jeffery C. Owen [Member] | Salary [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | $ 962,310 | | |
Jeffery C. Owen [Member] | Stock and Option Awards [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 9,629,223 | | |
Jeffery C. Owen [Member] | Non-Equity Incentive Compensation [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 1,344,299 | | |
Jeffery C. Owen [Member] | Other Compensation [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 96,852 | | |
Jeffery C. Owen [Member] | Deductions from Summary Compensation Table Total [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 9,629,223 | | |
Jeffery C. Owen [Member] | Additions to Summary Compensation Table Total [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 12,868,899 | | |
Jeffery C. Owen [Member] | Additions of Fair Value of Current Year Equity Awards at Fiscal Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 10,142,910 | | |
Jeffery C. Owen [Member] | Additions of Change in Value of Prior Years’ Awards Unvested at Fiscal Year End [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 1,682,984 | | |
Jeffery C. Owen [Member] | Addition of Change in Value of Prior Years Awards That Vested in Fiscal Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 1,043,005 | | |
Todd J. Vasos [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
PEO Total Compensation Amount | 15,621,406 | $ 16,618,873 | $ 16,452,823 |
PEO Actually Paid Compensation Amount | $ 34,630,029 | $ 30,774,890 | $ 51,714,395 |
PEO Name | Todd J. Vasos | Todd J. Vasos | Todd J. Vasos |
Todd J. Vasos [Member] | Salary [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | $ 1,391,720 | $ 1,350,052 | $ 1,341,718 |
Todd J. Vasos [Member] | Stock and Option Awards [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 11,517,337 | 10,418,597 | 8,948,115 |
Todd J. Vasos [Member] | Non-Equity Incentive Compensation [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 2,520,000 | 4,544,529 | 6,075,000 |
Todd J. Vasos [Member] | Other Compensation [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 192,349 | 305,695 | 87,990 |
Todd J. Vasos [Member] | Deductions from Summary Compensation Table Total [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 11,517,337 | 10,418,597 | 8,948,115 |
Todd J. Vasos [Member] | Additions to Summary Compensation Table Total [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 30,525,960 | 24,574,614 | 44,209,687 |
Todd J. Vasos [Member] | Additions of Fair Value of Current Year Equity Awards at Fiscal Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 18,548,895 | 20,063,063 | 24,865,308 |
Todd J. Vasos [Member] | Additions of Change in Value of Prior Years’ Awards Unvested at Fiscal Year End [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 7,315,148 | 2,900,588 | 16,856,565 |
Todd J. Vasos [Member] | Addition of Change in Value of Prior Years Awards That Vested in Fiscal Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 4,661,916 | 1,610,963 | 2,487,814 |
Non-PEO NEO [Member] | Salary [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 711,643 | 718,426 | 634,595 |
Non-PEO NEO [Member] | Stock and Option Awards [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 2,004,911 | 1,740,541 | 1,620,602 |
Non-PEO NEO [Member] | Non-Equity Incentive Compensation [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 675,264 | 1,340,080 | 1,353,871 |
Non-PEO NEO [Member] | Other Compensation [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 120,448 | 92,551 | 382,757 |
Non-PEO NEO [Member] | Deductions from Summary Compensation Table Total [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 2,004,911 | 1,740,541 | 1,620,602 |
Non-PEO NEO [Member] | Additions to Summary Compensation Table Total [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 4,868,994 | 4,275,396 | 6,490,470 |
Non-PEO NEO [Member] | Additions of Fair Value of Current Year Equity Awards at Fiscal Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 3,168,564 | 3,351,740 | 4,004,324 |
Non-PEO NEO [Member] | Additions of Change in Value of Prior Years’ Awards Unvested at Fiscal Year End [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | 1,048,097 | 535,079 | 2,332,449 |
Non-PEO NEO [Member] | Addition of Change in Value of Prior Years Awards That Vested in Fiscal Year [Member] | | | |
Pay vs Performance Disclosure [Table] | | | |
Adjustment to Compensation Amount | $ 652,334 | $ 388,578 | $ 153,697 |